Abu Dhabi’s TAQA expected to sell $1.5 billion in bonds: document

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Guidance was tightened to 85-90 basis points (bps) over U.S. Treasuries (UST) for a seven-year tranche and 3.45% plus or minus 5 bps for a 30-year Formosa portion, according to the document from one of the banks on the deal, which is expected to launch later on Tuesday.